FiINANCIAL ACCOUNTING: TRADE UNIONS

THE BALANCE SHEET

ASSETS

Fixed Assets

Stocks and Work in Progress

Prepayments

Debtors

Cash

LIABILITIES

Overdrafts

Creditors

Accruals

Deferred Income

Provisions

Loans

EQUITY (OR THE WAY IN WHICH THE NET ASSETS HAVE BEEN FUNDED)

Endowments

Revaluation Reserves

Balance on the Income and Expenditure Account